Great Lakes Dredge & Dock Corp reports results for the quarter ended in December - Earnings Summary

Great Lakes Dredge & Dock

15/02/2023 14:00

* Great Lakes Dredge & Dock Corp  GLDD.OQ  reported a
quarterly
adjusted loss of 47 cents​​ per share for the quarter ended in
December. The mean expectation of three analysts for the quarter
was for a loss of 14 cents per share.
    * Revenue fell 30.2% to $146.66 million from a year ago;
analysts
expected $160.97 million. 
    * Great Lakes Dredge & Dock Corp's reported EPS for the
quarter
was a loss of 47 cents​.
    * The mean earnings estimate of analysts had fallen by
about 200%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Great Lakes Dredge & Dock Corp shares had risen by 13.1%
this
quarter.
    * The company reported a quarterly loss of $31.17 million.
    * Wall Street's median 12-month price target for Great Lakes
Dredge & Dock Corp is $14.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data February
15 at 02:00 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      -0.14          -0.47          Missed
 Sep. 30 2022      0.03           -0.15          Missed
 Jun. 30 2022      0.17           -0.06          Missed
 Mar. 31 2022      0.16           0.17           Beat